A conversion in which a mutually owned company becomes a shareholder-owned company,...
The process of converting a stock insurance company to a mutual insurance company.----------[ Back
The conversion of a mutual company or institution into a stockholder based company. This membership change affects the company's ability to raise capital and merge or acquire other companies.
The process whereby a mutual insurance company changes the form of ownership of the company to a stock insurance company. One of the main reasons for this transformation is to allow the insurance company to raise additional capital from new sources.
Demutualization is a process in which a mutual company, owned by its members, converts to a public stock company (owned by its shareholders).
The process whereby a mutual insurance company converts to a stock company. A mutual company is owned by its participating policyholders, and can issue debentures and similar financial instruments, but not common stock. A stock company is owned by stockholders and can issue debentures, common stocks and a wide variety of related financial instruments.
a special case that is different from a conversion
Demutualization is the conversion of an insurance company from a mutual company that is owned by its policyholders to a publicly traded company that is owned by stockholders.
The process through which a member-owned company becomes shareholder-owned; frequently this is a step toward the initial public offering (IPO) of a company. Insurance companies often have the word "mutual" in their name, when they are mutually owned by their policy holders as a group. In recent years, however, there has been a strong trend for these companies to demutualize, converting to a shareholder ownership base. Worldwide, stock exchanges have offered another striking example of the trend towards demutualization, as the London Stock Exchange (LSE), New York Stock Exchange (NYSE), Toronto Stock Exchange (TSE) and most other exchanges across the globe have either recently converted, are currently in the process, or are considering demutualization.
The process of converting a mutual insurance company's corporate form of organization to that of a stock insurance company. See also mutual insurance company, mutualization, and stock insurance company.
The process of changing the legal structure of an insurance company from a mutual form of ownership to a stock form of ownership.
The process of converting from a mutual company to a stock company. A mutual company is owned by its voting policyholders, while a stock company is owned by its shareholders.
This is the process of converting a corporation from being a mutual company into a stock company. A mutual company is owned by its policyholders in contrast to a stock company that is owned by its shareholders. Manulife Financial recently completed demutualization in September 1999.
the conversion of a mutual/life insurance company from a policyholder company to a stock company
The conversion of insurance companies from mutual companies owned by their policyholders into publicly-traded stock companies.
The term demutualization (or demutualisation) describes the process by which mutual organizations or companies (mutuals) convert themselves to for-profit (or profit-making) public companies which distribute profits to their shareholders in the form of dividends.